Nvidia(US:NVDA) Zhi Tong Cai Jing·2025-10-28 03:25Core Viewpoint - Nvidia and Deutsche Telekom are preparing to announce a plan to build a €1 billion data center in Germany, aimed at enhancing AI infrastructure in Europe [1][2] Group 1: Project Details - The project will involve a joint investment of approximately $1.2 billion (€1 billion) from Nvidia and Deutsche Telekom, with SAP as a key customer [1] - The data center is expected to utilize 10,000 advanced GPUs, which is significantly smaller in scale compared to other global data center projects [2] - The announcement is anticipated to be made next month in Berlin, involving executives from Nvidia, Deutsche Telekom, SAP, and the German Minister for Digital Affairs [1][2] Group 2: Industry Context - European policymakers and tech executives have been discussing the need for Europe to develop its own AI ecosystem to compete with the US and China [1] - The EU has previously announced a €200 billion plan to support AI development, aiming to triple the region's AI computing power within 5 to 7 years [3] - Concerns have been raised regarding the slow progress of local AI infrastructure and the need for quicker actions to support businesses while ensuring data remains within Europe [2]